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Pnc Financial Se Set to Possibly Rebound After Yesterday's Selloff of 3.83%

By James Quinn

Pnc Financial Se (NYSE:PNC) traded in a range yesterday that spanned from a low of $103.35 to a high of $105.96. Yesterday, the shares fell 3.8%, which took the trading range below the 3-day low of $105.33 on volume of 1.2 million shares. Often times after large one-day declines, short-term traders may play for some degree of mean reversion.

SmarTrend is tracking the current trend status for Pnc Financial Se and will alert subscribers who have PNC in their portfolio or watchlist when shares have changed trend direction.

Pnc Financial Se share prices have moved between a 52-week high of $161.79 and a 52-week low of $79.41 and are now trading 29% above that low price at $102.71 per share. Over the last five market days, the 200-day moving average (MA) has gone down 0.5% while the 50-day MA has declined 3.4%.

Keywords: rebounders pnc financial se

Ticker(s): PNC